Tag Archives | Badra

Five-millionth tonne of Oil Produced at Badra

Gazprom Neft Badra, a subsidiary of Russia’s Gazprom Neft, has produced the five-millionth tonne of oil at its Badra oil field. Thanks to the application of cutting-edge production and transportation technologies, this outcome has been achieved in just over two and a half years’ of commercial production. Total cumulative oil production since the start of […]

Gazprom Commissions three New Wells at Badra

Gazprom Neft Badra — a subsidiary of Russia’s Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at 23,000 barrels per day, with daily production at the field totalling 77,000 barrels. All three wells are operating under […]

Oil Minister meets with Gazprom Boss

By John Lee. Iraqi oil minister Jabar Ali al-Luaibi [Allibi] met with the CEO of Gazprom, Alexander Dukove, and his entourage and discussed with him mutual cooperation and the development of the oil industry in Iraq. The minister said it is necessary to increase oil and gas production at Badra oil field, and praised the […]

Gazprom Raises Production at Badra

By Simon Kent. Gazprom Neft, the Russian oil and gas giant, has announced increased production at the Badra field, reaching an aggregate production of 3 million tons in less than two years, according to Sputnik news. Badra has estimated reserves of over 3 billion barrels, and this year Gazprom added another 3 wells, totaling an additional […]

10th Production Well Commissioned at Badra Oil Field

Russia’s Gazprom Neft has commissioned its 10th production well (P-07) at the Badra oil field. Together with the other wells at the field, the P-07 well is in free-flow production. With production volumes at the newly launched well now at 6,527 barrels per day, its commissioning has allowed daily production levels at the field to […]

Petrofac Completes Work at Badra

By John Lee. In its trading update on Tuesday morning, Petrofac has confirmed that it has reached “mechanical completion” of the third and final train on the Badra project. The scope of work included detailed design, engineering, procurement, construction, pre-commissioning, commissioning and start-up work on the Badra development’s central processing facility. (Source: Petrofac)

Badra to hit 115,000 bpd in 2017

By John Lee. The First Deputy Chief Executive Officer of Russia’s Gazprom Neft has said that the company plans to boost oil production at Iraq’s Badra oil field from 65,000 barrels per day at present to 115,000 bpd “in the next year“. Vadim Yakovlev told the St. Petersburg International Economic Forum (SPIEF) on Thursday that […]

Badra Oilfield to Increase Production

By John Lee. The senior deputy minister for oil has said that production at the Badra oilfield in Wasit province will reach 65,000 bpd by the end of this year. Fayadh H. Niema made the announcement during his inspection visit to two oil and gas treatment units at the field. Assim Jihad, spokesman for the […]

Gazprom Updates on Iraq Ops

By John Lee. In a Management Report released to the markets, Gazprom gave the following update on its operations in Iraq: The Badrah field (pictured) (30% held by Gazprom Neft Group): In 2015 production was 1.4 million tons of oil, a level sufficient for the project to pay back. The Garmian block in Iraq (Kurdistan) […]

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Petrofac will soon complete Badra Project

By John Lee. Petrofac announced its final results for the year ended 31 December 2015 on Wednesday. As part of its update, it said  it has completed “the second of three trains on the Badra project in Iraq and the third train is expected to be completed shortly“. (Source: Petrofac)

The Iraqi Shanty Town Between Two Oil Fields

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between Black Gold, Bleak Prospects: Visiting The Iraqi Shanty Town Between Two Oil Fields NIQASH visits Wasit’s Oil Town. But this is no wealthy area for oil billionaires. This shanty […]